Equinox Gold EQX
NYSE EQX
$12.84 +0.20 (+1.58%)
As of: Sep 9, 2026 · 3:59 PM EDT

Equinox Gold (EQX) Gross Margin (2018 - 2026)

Equinox Gold (EQX) posted Gross Margin of 55.63% for Q2 2026, down 25.65% on a QoQ basis from 74.82% in Q1 2026, and up 224.0% year-over-year from 17.17% in Q2 2025.

Analysis

Equinox Gold (EQX) Gross Margin (2018 - 2026) Analysis & Trends

Equinox Gold has reported Gross Margin for 9 years, with the latest figure at 55.63% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 224.0% year-over-year to 55.63% in Q2 2026; TTM through Jun 2026 was 60.43%, a 1565.0% increase from a year earlier, with the FY2025 full-year figure at 60.77%, up 3819.0% from the prior year.
  • Gross Margin was 55.63% for Q2 2026 at Equinox Gold, down from 74.82% in the prior quarter.
  • The five-year high for Gross Margin was 74.82% in Q1 2026, with the low at 156.63% in Q4 2023.
  • Average Gross Margin over 5 years is 29.73%, with a median of 33.43% recorded in 2022.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin tumbled 19176 bps in 2023, then soared 19522 bps in 2024.
  • Over 5 years, Gross Margin stood at 35.13% in 2022, then slumped by 546 bps to 156.63% in 2023, then jumped by 125 bps to 38.59% in 2024, then jumped by 68 bps to 64.88% in 2025, then declined by 14 bps to 55.63% in 2026.
  • The last three Gross Margin figures came in at 55.63% (Q2 2026), 74.82% (Q1 2026), and 64.88% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Newmont 134.87 Bn 126.03 Bn 4.03 Bn 65.87%
2 Barrick Mining 74.96 Bn 78.57 Bn 2.90 Bn 54.74%
3 AngloGold Ashanti 55.10 Bn 53.93 Bn 1.70 Bn 54.86%
4 Alamos Gold 15.53 Bn 14.85 Bn 587.30 Mn 98.86%
5 Iamgold 12.11 Bn 11.65 Bn 415.10 Mn 48.44%
6 Buenaventura Mining 8.61 Bn 7.86 Bn - -
7 Eldorado Gold 8.54 Bn 7.99 Bn 302.67 Mn 62.09%
8 Equinox Gold 8.07 Bn 8.23 Bn 428.20 Mn 55.63%
9 B2Gold 7.49 Bn 7.53 Bn 308.29 Mn -
10 Centerra Gold 6.42 Bn 5.96 Bn 433.81 Mn 97.99%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 55.63%
Mar 31, 2026 74.82%
Dec 31, 2025 64.88%
Sep 30, 2025 54.59%
Jun 30, 2025 53.38%
Mar 31, 2025 65.68%
Dec 31, 2024 38.59%
Sep 30, 2024 37.36%
Jun 30, 2024 24.27%
Mar 31, 2024 23.85%
Dec 31, 2023 -156.63%
Sep 30, 2023 29.37%
Jun 30, 2023 29.05%
Mar 31, 2023 26.44%
Dec 31, 2022 35.13%
Sep 30, 2022 22.98%
Jun 30, 2022 24.02%
Mar 31, 2022 31.72%
Dec 31, 2021 43.47%
Sep 30, 2021 37.70%